Energy Impact Study Reveals Five-Year Outlook
The North Dakota Oil and Gas Industry Impacts Study (Study) analyzes oil and gas activity scenarios and associated employment projections along with housing and population potential for the 2014-2019 time period in the 19 oil and gas producing counties region. Population increase forecasts at the county level over the study period range from 1.2% in McLean County to over 30% in McKenzie, Williams, and Divide Counties.
HUD Works To Alleviate Challenges In Oilfield Housing
Recent steps by the U.S. government to increase the fair market rent (FMR) subsidy across several of North Dakota’s oil counties help alleviate the “Bakken premium” in the region’s sky-high housing prices, though other action is needed to encourage home buying.
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Bakken Construction News delivers news, information and analysis relevant to the construction industry and real estate investment markets throughout Western North Dakota and the Bakken Region. The publication focuses on industry developments and activities, companies, people, projects, and market analysis relative to commercial, industrial and residential construction.
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© 2014 Dawa Solutions Group
Dawa Solutions Group